Texas Lawmakers Pass Bill to Ensure Preparedness, Response, and Accountability During Power Outages

Texas Governor Greg Abbott, a Republican, signed legislation on June 8, calling for comprehensive reforms aimed to prevent the recurrence of the mid-February winter storm event that caused widespread power outages across the state. Among the key provisions, the bill addresses winterization of power and gas facilities, establishes a power outage alert system, and establishes…...

D.C. Commission Pilots Multi-Year Rate Plan, Approves $108 Million Rate Hike for Pepco

The District of Columbia Public Service Commission on June 4 approved a multi-year rate plan for Potomac Electric Power Company, authorizing a revenue increase of $108.6 million spread over three years through 2023. The approval represents a 33 percent reduction from the company’s initial request and includes $11.4 million of shareholder-funded benefits. The rate plan,…...